HSA’s

HSA Advantages

Tax-deductible:

Tax-free:

Withdrawals to pay qualified medical expenses, including dental and vision, are never taxed.

Tax-deferred:

Interest earnings accumulate tax-deferred, and if used to pay qualified medical expenses, are tax-free.

HSA money is yours to keep:

Unlike a flexible spending account (FSA), unused money in your HSA isn’t forfeited at the end of the year; it continues to grow tax-deferred.

HSA’s

A health savings account (HSA) combines high deductible health insurance with a tax-favored savings account. Money in the savings account can help pay the deductible. Once the deductible is met, the insurance starts paying. Money left in the savings account earns interest and can roll over annually.